760 ILCS 15/ – Principal and Income Act | Midpage

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Illinois Compiled Statutes

Rights and Remedies

15

760 ILCS 15/

Principal and Income Act

1Short Title 10Disposition of natural resources 12.1Employment related periodic payments 12Other property subject to depletion 13Nonapportionment of proceeds 14Charges against income and principal 15Non-trust estates 16Application of Act 16aRepealer 17760 Ilcs 15/17 2Definitions 3Scope of Act; rules of administration 4Income and Principal Defined 5When right to income commences and terminates 6Administration of a decedent's estate 7Corporate Distributions 8Premium and discount 9Business and farming operations